The AbbVie Logistics (“VLOG”) Finance team operates in a fast-paced, cross-functional environment with global responsibilities. With positions such as analyst, internal controls specialist, senior analyst, assistant controller, controller, and finance director, we provide constant development opportunities regardless of where you are in your career journey. We have strong relationships with our business partners around the world including our Headquarters team in Chicago, IL, USA. Our business partners include Supply Chain Planning, Global Trade Compliance, Quality Assurance, Distribution & Logistics, Internal & External Manufacturing, Tax, Treasury, Internal & External Audit, and several other functions. We support a diverse and growing portfolio of products especially considering our acquisition of Allergan in 2020
2020 Facts & Figures
- Over 7,000 SKUs supported
- 147 countries served
- 18 currencies hedged
- Highly diverse team with
multiple languages spoken (English, Dutch, Portuguese, Russian, Arabic, Vietnamese,
Controls are always our #1 priority, but
our vision is to go Beyond Controls.
“Based on a
robust and sustainable control platform, we will drive leadership empowerment
at all levels by fostering knowledge sharing, automation, and a strategic
mindset to enable proactive business partnership as a daily practice.”
Our Finance team has 25 people organized
into 4 workstreams:
Inventory & Direct Cost – The Inventory team is responsible for inventory accounting and
controls including reconciliations of the inventory at VLOG plants,
distribution centers, and consigned inventory at third-party manufacturing
sites. The Direct Cost team is
responsible for the annual costing of all materials purchased by VLOG. They also investigate and report on variances
vs. standard costs.
Trade Finance – The Trade Finance team is responsible for contract management and
overseeing external customer sales ensuring supply to patients in more than 100
countries across the globe. They also
analyze the quality of our receivables and support our tender business.
Hedging & NPIs – The Hedging team is responsible for hedging foreign currency exposures
to protect our P&L (Income Statement) from undesired FX (Foreign Exchange)
volatility. This team also reviews PFFs
(Product Financial Flows) to support NPI (New Product Introduction)
readiness. This could be a new product
launch or a change in an existing supply chain (i.e. a new supplier).
Consolidations & Governance – The Consolidations and Governance team is responsible for
multiple activities including audit coordination, PTP process, and
FP&A. PTP stands for Procure to Pay
which focuses on our indirect purchases (i.e. materials and services not used
in the manufacturing process). FP&A
stands for Financial Planning & Analysis; they keep a close eye on our
spend and communicate the monthly results to our Headquarters team in Chicago.